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Nordic Fintech Snippets – July-August 2021

Nordic Fintech Snippets – July-August

We decided to skip publishing the July Fintech Snippets separately and combine it with August, because we didn’t expect that much news from the holiday season. We were wrong!

A vast amount of activities have happened in the field recently, starting from new Danish fintech unicorns Pleo and Lunar, to significant M&A actions by Finnish Fellow Finance and EVLI Bank, and Swedish Svea Ekonomi and P.F.C. to create new Nordic challenger banks.

You can read all the recent news from these snippets. Also, remember to have a look at our event calendar at the bottom.


This is Nordic Fintech Snippets, the combined effort of all the Nordic Fintech Hubs, sharing the most important and latest news in fintech and digital finance from each country.


Country specific news



Invoice finance startup Arex completes €8.8m series A funding

TietoEVRY to deliver payment card production and personalisation services to Nordea across the Nordics

Fellow Finance and Evli Bank will merge to form a new challenger bank

Blue Finance obtains a consumer finance license in Denmark




Danish B2B fintech Pleo hits unicorn status

Nordic challenger Lunar raises €210 million

Danish pension fund Velliv rolls out open banking payments with Aiia

Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million

Aryze raised DKK 5.8 million via Keystones

HelloFlow Raises $1.6M in Seed Funding



Rapyd to acquire Iceland’s Valitor for $100 million





Opti to raise SEK 44 million in new capital from angel investors from Sweden.

Handelsbanken to sell card acquiring business to Worldline

Willa Pay in a $18 million funding round

Insurello raised SEK 150 million

Limina in a $3 million funding round

Klarna acquires social shopping outfit Hero

Hejmo was acquired by Spiltan in a SEK 25 million deal

Klarna buys German shopping app Stocard

omocom to raise €4.5 million

Treyd to raise SEK 15 million

Klarna shopping spree continues with acquisition of APPRL

Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union

Bokio raises SEK 35 million

Resurs Bank to launch direct payment solutions through its partnership with Trustly

Qred teams with Enfuce to provide instant access to credit for small businesses

Svea Ekonomi and P.F.C. join forces



ZTL raised almost NOK 20 million

Astat raised the capital in a NOK 2.8 million funding round


Future events

1.9. The Future of Money – meet Citi, Mastercard & MiraiEx

13.-15.9. Copenhagen Fintech Week

15.9. Nordic Fintech Trends 2021 – #Finland

12.10. Nordic Fintech Trends 2021 – #Sweden

24.3. Nordic Fintech Summit


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